Trucking Business News

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Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.

Business

Arkansas Best’s 2Q Income More Than Doubles

Arkansas Best Corp.’s second-quarter profit more than doubled, the company said Tuesday.

July 31, 2012
BusinessEquipment

Cummins’ 2Q Income Dips; Heavy-Duty Engine Sales Improve

Cummins Inc. said Tuesday its second-quarter profit slipped from a year ago but its heavy-duty truck engine sales improved.

July 31, 2012
GovernmentBusinessFuel

Feds Approve Southern Leg of Keystone Pipeline

Federal officials have approved a permit for the southern leg of the Keystone XL pipeline that will run from an oil refinery in Cushing, Okla., to the Texas coast, the Associated Press reported.

July 31, 2012
Business

Chicago Manufacturing Activity Rises

Manufacturing activity in the Chicago area increased in July, the Institute for Supply Management-Chicago said Tuesday.

July 31, 2012
GovernmentBusiness

Consumer Confidence Increases in July

Consumer confidence rose for the first time in five months, the New York-based Confidence Board said Tuesday.

July 31, 2012
BusinessGovernment

Consumer Spending Unchanged in June

Consumer spending was unchanged in June and incomes increased 0.5%, the largest gain in three months, the Commerce Department said Tuesday.

July 31, 2012
BusinessFuel

Diesel Rises 1.3¢ to $3.796 in Fourth Straight Increase; Gasoline Gains 1.4¢ to $3.508

Diesel rose for a fourth straight week, rising 1.3 cents to $3.796 a gallon, the Department of Energy said.

July 31, 2012
Business

Celadon’s Profit Jumps for 4Q, Fiscal Year

Celadon Group said its fiscal fourth-quarter and full-year profit jumped on higher freight revenue.

July 30, 2012
Business

ATA Previews Highlights for 2012 Management Conference & Exhibition

American Trucking Associations Monday released details of the group’s annual Management Conference & Exhibition, to be held Oct. 7-10 in Las Vegas.

July 30, 2012
Business

Review Extended on UPS’ Acquisition of TNT

UPS Inc. agreed to a 10-day antitrust extension of its planned purchase of Netherlands-based package firm TNT Express by European regulators, while TNT reported a strong second-quarter profit, Bloomberg reported.

July 30, 2012

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